How Personal Injury Attorneys Calculate Damages in Your Case
Personal injury cases can be complex and challenging to navigate, especially when it comes to calculating damages. Personal injury attorneys play a crucial role in helping their clients understand the various types of damages they may be entitled to and how these damages are calculated.
One of the primary factors that personal injury attorneys consider when calculating damages is the extent of the victim’s injuries. The severity of the injuries sustained in an accident can have a significant impact on the amount of compensation that a victim may be entitled to receive. Injuries that result in long-term or permanent disability, chronic pain, or disfigurement typically result in higher compensation amounts.
Another important factor that personal injury attorneys take into account when calculating damages is the economic losses suffered by the victim as a result of their injuries. This includes medical expenses, lost wages, and property damage. These economic losses are relatively straightforward to calculate as they involve tangible financial costs incurred by the victim due to their injuries.
In addition to economic losses, personal injury attorneys also consider non-economic damages when calculating compensation for their clients. Non-economic damages refer to intangible losses such as pain and suffering, emotional distress, loss of enjoyment of life, and miami car accident attorney loss of consortium. Unlike economic losses which have concrete monetary values attached to them, non-economic damages are more subjective and require careful consideration by personal injury attorneys.
Personal injury attorneys also take into account future medical expenses and lost earning capacity when calculating damages for their clients. In cases where victims sustain severe or permanent injuries that require ongoing medical treatment or prevent them from returning to work at full capacity, it is essential to ensure that these future costs are adequately accounted for in any settlement negotiations or court proceedings.
When it comes to negotiating settlements with insurance companies or presenting evidence in court, personal injury attorneys rely on expert witnesses such as doctors, economists, vocational experts, and psychologists who can provide valuable insights into the extent of a victim’s injuries and their long-term impact on their lives.
Ultimately, personal injury attorneys strive to secure fair and just compensation for their clients by carefully considering all aspects of their case when calculating damages. By taking into account both economic and non-economic losses incurred by victims as a result of their injuries, personal injury attorneys can help ensure that their clients receive adequate compensation for the harm they have suffered due to someone else’s negligence or wrongdoing.
Steinger, Greene & Feiner
150 SE 2nd Ave., Suite 338, Miami, FL 33131
(800) 801-6850